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07.04.2023 - 10:00
Business
Business Live
Middle Eastern investors acquire 150,000 sq ft office complex in South Wales
The biggest commercial office investment deal in Wales in the last year has been struck in an eight figure transaction for a 150,000 sq ft office campus in Newport. In its first property deal in the UK, Middle Eastern family real estate firm Al Wazzan (AW Properties) has acquired the three office scheme currently occupied …
07.04.2023 - 09:51
Business
Business Live
Northumberland Estates submits £300m mixed use development plans for North Tyneside
Plans to build a major mixed-use development – including commercial and retail space – near Killingworth have been submitted by Northumberland Estates. The developer, which is the business arm of the Duke of Northumberland and the Percy family, aims to build 452 new homes, as well as a primary and secondary school, a ‘local centre’ …
07.04.2023 - 09:13
Business
Business Live
Titanic Distillers to create 41 jobs as Belfast’s Pumphouse distillery opens
Around 41 jobs are to be created at Belfast’s first working distillery in nearly 90 years when it opens its doors in the Titanic Quarter at the end of this month. Titanic Distillers, the company behind the project, said it has invested some £8 million in converting the Titanic Pumphouse into a new distillery and …
07.04.2023 - 08:35
Business
Business Live
Fashion entrepreneur launches ‘slow fashion’ pop-up in Newcastle’s Ouseburn as precursor to fixed store
A fashion professional who returned to Newcastle during lockdown has launched a pop-up shop dedicated to pre-owned and dead stock designer clothing. Sophie Cabourn, whose father, Nigel Cabourn, is a cult vintage clothing collector and designer, has opened RE:BOURN in the Bottleworks gallery space on Ouseburn’s Riverside Walk. The store – which is open until …
07.04.2023 - 08:28
Business
Business Live
Employers warming to four-day week if workers compromise on home working
More Northern Ireland employers are warming to the idea of a four-day week if workers compromise on home working. That is the finding of a new report from recruitment company Hays which surveyed 464 employers and employees throughout Northern Ireland, unveiling overwhelming support from the latter for a four-day week. Over 70% of workers said …
06.04.2023 - 16:41
Business
Sky News
Less than 3% world economic growth predicted due to geopolitical divisions and US bank failures – IMF chief
High interest rates, US bank failures and geopolitical divisions in Europe are reasons why the world economy is expected to grow less than 3% in 2023, the chief of the International Monetary Fund (IMF) has said.The growth is down from 3.4% last year, and even further below the average of 3.8%, increasing the risk of …
06.04.2023 - 14:15
Business
Sky News
Home Office ‘demonising’ illegal immigrants by shutting down bank accounts in new crackdown
Illegal immigrants will have their bank accounts shut down in a new crackdown by the Home Office – who have been accused of “demonising” asylum seekers.The Home Office announced it began sharing data with the financial sector on Thursday so it can refuse to open new bank accounts and close existing accounts of people who …
06.04.2023 - 12:10
Business
Sky News
Audit giant pulls secondee out of crisis-hit CBI business lobbying group
EY, the big four accountancy firm, has ended the secondment of one of its employees to the CBI as the business lobbying group grapples with an unfolding crisis over allegations of sexual misconduct.Sky News has learnt that EY has opted not to renew the secondment of a staff member who was serving as an adviser …
06.04.2023 - 10:17
Business
Business Live
Mercure to open £30m four-star Paignton hotel in time for Easter
Hospitality company Mercure, is set to open a new four-star hotel in South Devon. The £30m hotel will be situated on Paignton’s seafront and will feature 161 bedrooms, restaurant and two tier Mediterranean style terrace with an outside bar. The Mercure Paignton Hotel, which is owned by Singapore-based Fragrance Group, franchised by Accor group and …
06.04.2023 - 09:43
Business
Business Live
Steelworkers’ joy at huge repreive with pay packets set to increase for those who feared the axe
Steelworkers whose jobs have been saved despite the Scunthorpe coke oven closures going ahead look set to earn more as they move into other areas of the business. The potential pay boom for the 250-strong team put through the redundancy process has been revealed as site multi-union chair Paul McBean told of the delight at …
06.04.2023 - 09:43
Business
Evening Standard
UK construction activity eases amid steep drop in housing demand
The fastest decline in housebuilding for nearly three years has acted as a drag on the UK’s construction sector, an influential survey has shown.Growth among construction businesses eased in March amid a slowdown in demand for new homes that has been exacerbated by rising interest rates.The closely-watched S&P Global/CIPS construction purchasing managers’ index scored 50.7 …
06.04.2023 - 09:38
Business
Business Live
Bristol Junior Chamber kicks off 75th anniversary year with an all-female leadership team
Bristol Junior Chamber has welcomed a milestone anniversary with an all-female leadership team. With a membership of over 150 young professionals from the city and surrounding areas, the networking organisation will begin to celebrate its 75th anniversary year with Georgia Corp, Emma Carter and Kate Woosnam at its helm. On Tuesday (April 4) the council …
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